Forex GBP/USD Daily Video, February 11, 2020

soul rebel

Private, 1st Class
Messages
30
Thank you for the update Sive
Could you kindly clarify the AB-C fib extension targets in case I am miss-understanding, please tell me if this is correct?
61.8 = COP; 100 = OP; 127 = XOP; 161.8 = XXOP ?
In today's update you identify 13024 as XOP, which I thought was XXOP.
Thanks
 
Last edited:

Sive Morten

Special Consultant to the FPA
Messages
12,991
Thank you for the update Sive
Could you kindly clarify the AB-C fib extension targets in case I am miss-understanding, please tell me if this is correct?
61.8 = COP; 100 = OP; 127 = XOP; 161.8 = XXOP ?
In today's update you identify 13024 as XOP, which I thought was XXOP.
Thanks
Yes, Jerry is correct XOP is 1.618, we do not use 1.27 extension in AB-CD patterns. But, butterflies do.
 
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